Report Update Apr 1, 2024

Turkey - Tin Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights

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Turkey: Market for Tin Ores And Concentrates 2024

Market Size for Tin Ores And Concentrates in Turkey

For the fourth year in a row, the Turkish tin ores and concentrates market recorded growth in sales value, which increased by 1,015% to $X in 2022. Over the period under review, consumption showed a resilient increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Tin Ores And Concentrates in Turkey

In value terms, tin ores and concentrates production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a pronounced descent. Tin ores and concentrates production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Exports of Tin Ores And Concentrates

Exports from Turkey

In 2022, the amount of tin ores and concentrateses exported from Turkey fell notably to X kg, with a decrease of -90.7% on 2021 figures. In general, exports showed a abrupt curtailment. The smallest decline of -0.8% was in 2015. Over the period under review, the exports attained the peak figure at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, tin ores and concentrates exports fell significantly to $X in 2022. Overall, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of 21% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Iran (X kg) was the main destination for tin ores and concentrates exports from Turkey, accounting for a 98% share of total exports. It was followed by Azerbaijan (X kg), with a 1.9% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Iran was relatively modest.

In value terms, Iran ($X) emerged as the key foreign market for tin ores and concentrateses exports from Turkey, comprising 100% of total exports. The second position in the ranking was held by Azerbaijan ($X), with a 0.3% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Iran was relatively modest.

Export Prices by Country

The average tin ores and concentrates export price stood at $X per ton in 2022, with an increase of 592% against the previous year. Overall, the export price posted prominent growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iran ($X per ton), while the average price for exports to Azerbaijan totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (+2.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Tin Ores And Concentrates

Imports into Turkey

In 2022, approx. X kg of tin ores and concentrateses were imported into Turkey; jumping by 300% on 2021 figures. Overall, imports, however, saw a sharp decline. The most prominent rate of growth was recorded in 2016 when imports increased by 567%. As a result, imports attained the peak of X kg. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, tin ores and concentrates imports skyrocketed to $X in 2022. In general, imports, however, recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2016 when imports increased by 2,290%. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports failed to regain momentum.

Imports by Country

The United States (X kg) and Italy (X kg) were the main suppliers of tin ores and concentrates imports to Turkey.

From 2014 to 2022, the biggest increases were recorded for the United States (with a CAGR of 0.0%).

In value terms, the largest tin ores and concentrates suppliers to Turkey were the United States ($X) and Italy ($X).

In terms of the main suppliers, the United States, with a CAGR of 0.0%, saw the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2022, the average tin ores and concentrates import price amounted to $X per ton, surging by 118% against the previous year. In general, the import price continues to indicate a significant increase. The pace of growth appeared the most rapid in 2016 an increase of 259%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Italy amounted to $X per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+20.7%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tin ores and concentrates in the world?

The country with the largest volume of tin ores and concentrates consumption was China, accounting for 63% of total volume. Moreover, tin ores and concentrates consumption in China exceeded the figures recorded by the second-largest consumer, Sierra Leone, eightfold. The United States ranked third in terms of total consumption with a 6% share.

What are the largest producers of tin ores and concentrates in the world?

The countries with the highest volumes of production in 2022 were Sierra Leone, the United States and Australia, with a combined 42% share of global production. These countries were followed by Democratic Republic of the Congo, Congo, Brazil, Rwanda, Bolivia, Indonesia, Lao People's Democratic Republic, Kenya and Tanzania, which together accounted for a further 48%.

What are the leading suppliers of tin ores and concentrates to Turkey?

In value terms, the United States $178) and Italy $118) constituted the largest tin ores and concentrates suppliers to Turkey.

What are the leading importers of tin ores and concentrates from Turkey?

In value terms, Iran emerged as the key foreign market for tin ores and concentrateses exports from Turkey, comprising 100% of total exports. The second position in the ranking was held by Azerbaijan $47), with a 0.3% share of total exports.

What is the average export price for tin ores and concentrates in Turkey?

The average tin ores and concentrates export price stood at $33,310 per ton in 2022, surging by 592% against the previous year.

What is the average import price for tin ores and concentrates in Turkey?

In 2022, the average tin ores and concentrates import price amounted to $74,000 per ton, jumping by 118% against the previous year.

This report provides an in-depth analysis of the market for tin ores and concentrates in Turkey. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 07291530 -

Country coverage:

Turkey

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Turkey
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
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Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023